Global Small Drones Market Analysis and Forecast 2023 by Size, Share and Growth Rate

According to Stratistics MRC, the Global Small Drones market is estimated at $6.76 billion in 2016 and is expected to reach $14.71 billion by 2023 growing at a CAGR of 12.4% from 2016 to 2023. Increasing demand in commercial applications and rising demand for actionable intelligence are the major factors propelling the market growth. Whereas privacy concerns owing to stringent government regulations and lack of professional pilots are the factors hampering the market growth. Controlling accidents of the drones is the major challenging factor for the market.

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Based on propulsion system, Lithium-Ion segment holds the largest market share and is expected to move at highest CAGR during forecast period. Aerospace And Defence in industry segment accounted for largest market share owing to the vast applications in military. Asia Pacific is the leading market, and is also anticipated to observe the highest growth. The major reason for the high growth is increasing usage of small drones in this region for crop monitoring, surveillance and logistics. There is huge demand from economies like India, China, South Korea and more.

Some of the key players in the market include 3D Robotics Inc., Aerovironment Inc., BAE Systems, Inc., DA-Jiang Innovations Science and Technology Co., Ltd., ELBIT Systems, Ltd., Financial Highlights, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Microdrones GmbH, Parrot SA, SAAB AB, Skycatch Inc., Textron Inc., Thales Group and The Boeing Company.

Actuating Mechanisms Covered:
Servo Motors
Electric Motors

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Propulsion Systems Covered:
Fuel Cell
Hybrid Cell
Hydrogen
Lithium-Ion
Solar Cell

Frames Covered:
Hexacopter
Octacopter
Quadcopter
Tricopter

Sizes Covered:
Nano Small Drones
Mini Small Drones
Micro Small Drones

Altitudes Covered:
High Altitude
Low Altitude
Medium Altitude

Types Covered:
Rotary Wing
Fixed Wing
Other Types

Class Covered:
Class 3
Class 2
Class 1

Payloads Covered:
Cameras
NBC Detection System
Sensors
Synthetic Aperture Radar (SAR)
Telemetry System
Video screen
Other Payloads

Materials Covered:
Aluminium
Iron Alloys
Plastics
Wood

Industries Covered:
Agriculture
Automobile
Delivery Centres
Disaster And Relief Operations
Imaging
Mining
Oil & Gas
Surveillance And Monitoring
Aerospace And Defence
Other Industries

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

List Of Tables:

1 Global Small Drones Market Outlook, By Region

2 Global Small Drones Market Outlook, By Actuating Mechanism

3 Global Small Drones Market Outlook, By Servo Motors

4 Global Small Drones Market Outlook, By Electric Motors

5 Global Small Drones Market Outlook, By Propulsion System

6 Global Small Drones Market Outlook, By Fuel Cell

7 Global Small Drones Market Outlook, By Hybrid Cell

8 Global Small Drones Market Outlook, By Hydrogen

9 Global Small Drones Market Outlook, By Lithium-Ion

10 Global Small Drones Market Outlook, By Solar Cell

11 Global Small Drones Market Outlook, By Frame

12 Global Small Drones Market Outlook, By Hexacopter

13 Global Small Drones Market Outlook, By Octacopter

14 Global Small Drones Market Outlook, By Quadcopter

15 Global Small Drones Market Outlook, By Tricopter

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